Mint State Labs
The business, the turning points, and the decisions behind them.
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Sections to complete：02 · 05
01 / WHAT IT BUILT
What the company did
Mint State Labs was a Seattle-based web3 creator-tools startup founded in 2021 by Peter Morales. It offered entertainment and gaming technology that helped creators build, distribute, and market blockchain-powered experiences, virtual goods, and community-driven games.
02 / FAILURE REASONS
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03 / EVENT HISTORY
Events in the structured record
- Company founded
Mint State Labs is founded in Seattle to build blockchain creator tools and game asset management.
- Funding round
The company joins the inaugural 2022 Filecoin Techstars accelerator and raises a pre-seed round of about $820,000 in May 2022.
- Acquisition
In December 2022, web3 entertainment company Orange Comet acquires Mint State Labs; CEO Peter Morales becomes Orange Comet's chief technology officer.
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
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Overall assessment: Not completed
05 / CAUSAL CHAIN / AFTERMATH
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